Delphi earnings fall on restructuring charges

Published



TROY, Mich. (AP) — Delphi Automotive saw its fourth-quarter net income cut in half as the auto parts retailer booked restructuring and acquisition costs.

The company, formerly part of General Motors, made $136 million, or 43 cents per share, from October through December, compared with $290 million, or 88 cents per share, a year earlier. Revenue fell 3.3 percent to $3.8 billion.

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